Global Cushing’s Disease Treatment Market Overview:
Cushing's disease is caused by a tumor in the pituitary gland, which causes excessive release of the hormone adrenocorticotrophic (ACTH), which causes cortisol levels in the body to rise. Cortisol is a steroid hormone produced by the adrenal glands that aids in the body's recovery from injury or infection. Cortisol raises blood sugar levels and may also cause dizziness. Cushing’s disease treatment market revenue is expected to grow over the forecast period due to increasing investment in R&D and an increasing number of new product launches.
Growth Drivers
- Increasing Awareness regarding Cushing Syndrome Aids
- Rising in Geriatric Population
Market Trends
- Increasing Number of Pipeline Drugs
Roadblocks
Opportunities
- Growing Healthcare Expenditure
- Growing Interest of Pharmaceutical Companies to Develop Cushing Disease Drugs
Challenges
- Lack of Awareness among the Consumer
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Corcept Therapeutics (United States), HRA Pharma (France), Strongbridge Biopharma plc (United States) and Novartis AG (Switzerland). Analyst at AMA Research see Global Players to retain maximum share of Global Cushing’s Disease Treatment market by 2026. Considering Market by Drug, the sub-segment i.e. Ketoconazole will boost the Cushing’s Disease Treatment market. Considering Market by Cushing’s Syndrome, the sub-segment i.e. Iatrogenic Cushing’s Syndrome will boost the Cushing’s Disease Treatment market. Considering Market by End User, the sub-segment i.e. Hospital Pharmacies will boost the Cushing’s Disease Treatment market.
In Mar 2020, The U.S. Food and Drug Administration approved Isturisa (osilodrostat) oral tablets for adults with Cushing’s disease who either cannot undergo pituitary gland surgery or have undergone the surgery but still have the disease. Cushing’s disease is a rare disease in which the adrenal glands make too much of the cortisol hormone. Isturisa is the first FDA-approved drug to directly address this cortisol overproduction by blocking the enzyme known as 11-beta-hydroxylase and preventing cortisol synthesis.
What Can be Explored with the Cushing’s Disease Treatment Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Cushing’s Disease Treatment Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Cushing’s Disease Treatment
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cushing’s Disease Treatment market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cushing’s Disease Treatment market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Cushing’s Disease Treatment Provider, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.